Updates

Nichols - Markets becoming challenging

February 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Having threatened to hit new highs of £15 the shares pulled back after Nichols put out a trading update for the year ending December. The company, which makes Vimto and other soft drinks, noted that UK sales fell 0.3% to £84.9m, slightly outperforming the market’s 0.7% decline in challenging conditions. It maintained its strategy of value over volume and there was 4% growth in the still category but a 7% decline in the promotionally led carbonate category.International sales were stronger with sales rising 1.5% and 3.9% on a constant currency basis in spite of problems in Yemen due to ongoing conflict in the region.Tipped at just 365p in May ’10, we suggested taking profits several times but the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Dunelm - Negotiates mild Christmas without mishap

Cranswick - Shares break through Â£19 for first time

Nichols (March 2017)

Nichols (April 2016)

Nichols - Acquires Feel Good brand (September 2015)

Nichols (June 2015)

Nichols - Results beat forecasts (April 2015)

Nichols - Shares back over Â£10 (February 2015)

Nichols - Net cash to reach £57.8m by 2016 (September 2014)

Nichols - Net cash rises to Â£34m (April 2014)

Nichols - Gain since original tip: 204% (September 2013)

Nichols (June 2013)

Nichols (April 2013)

Nichols - Gain to date:242% (February 2013)

Nichols - Take a part profit (June 2012)

Nichols - Gain to date: 79% (April 2012)

Nichols - Trading ahead of expectations (February 2012)

Nichols - Small upgrade to forecasts (September 2011)

Nichols - Strong rise in Vimto sales should usher in eps upgrades (June 2011)

Nichols - Forecasts nudged higher (May 2011)

Nichols - Yet another profit upgrade (February 2011)

Nichols - Vimto drives forecast busting results (September 2010)

Nichols Plc - Vimto drives strong performance (July 2010)

Nichols Plc - Sensational growth from Vimto drives up soft drink profits (May 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X